BSEUltracab (India) LtdHighPositive
Announced Wed, 15 Oct · 13:53 IST

Enclosed herewith intimation for Award of Annual Rate Contract (ARC) from Larsen & Toubro Limited (L&T Construction) for Supply of 63 LT Cable Items Across 600+ PAN India Sites Covering ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Ultracab (India) Ltd has received an Annual Rate Contract (ARC) from L&T Construction to supply 63 line items of cables — including PVC insulated flexible cables, PVC insulated heavy-duty armoured cables, and XLPE insulated armoured cables. The supply will cover approximately 600+ project sites, stores, regional offices, and factories across eight divisions of the L&T Group on a PAN India basis. The contract is domestic, to be executed within one year, at mutually agreed terms. The company states the ARC is expected to contribute positively to its overall revenue and business growth, though no specific contract value has been disclosed. The contract is in the ordinary course of business and is not a related party transaction.

Likely market impact

This is a positive development as it expands Ultracab's order book with a reputed infrastructure major (L&T) and signals continued business momentum, though the absence of a disclosed contract value limits visibility on the exact revenue impact for shareholders.